TOP
5
75% of retail CFD accounts lose money
TOP
9
71.6% of retail CFD accounts lose money
TOP
10
71% of retail CFD accounts lose money
Intro and winners
- Interactive Brokers is the best international online brokers in Japan in 2023. - Low trading fees and high interest (up to 4.58% for USD) on cash balances. Wide range of products. Many great research tools.
- Saxo Bank - Great trading platform. Outstanding research. Broad product portfolio.
- Alpaca Trading - Great API trading service. Free stock & ETF trading. Fantastic charting tools.
- TradeStation - Great web and mobile trading platform. Low trading fees. High-quality research and education tools.
- IG - First-class web trading platform. Superb educational tools. Great deposit and withdrawal options.
- Firstrade - Free stock, ETF, fund and options trading. Solid research tools. Quality educational tools.
- MEXEM - Low stock and ETF fees. Wide range of products. Many great research tools.
- NinjaTrader - Low trading fees. Great platform and research. Quality educational materials.
- Forex.com - Low forex fees. Great variety of currency pairs. Diverse technical research tools.
- AvaTrade - Easy and fast account opening. Free deposit and withdrawal options. Great research tools.
Table of contents
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1. Intro and winners
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2. International online brokers' key info overview
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3. Trading fees
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4. Other fees at international online brokers
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5. Our assessment of best international online brokers for residents in Japan in 2023
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6. Interactive Brokers
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7. Saxo Bank
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8. Alpaca Trading
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9. TradeStation
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10. IG
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11. Firstrade
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12. MEXEM
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13. NinjaTrader
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14. Forex.com
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15. AvaTrade
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16. Didn't find the best broker for you?
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17. How did we select the best international online brokers in Japan in 2023?
Top 10 brokers
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Best international online brokers in Japan in 2023
International online brokers' key info overview
While many international online trading brokers offer an excellent service, the ones in our toplist go the extra mile. These international online trading platforms offer a broad range of markets and asset classes and are suitable for beginners and experienced traders alike.
| Broker | Minimum deposit | Time to open account |
|---|---|---|
| Interactive Brokers | $0 $0 for non-margin client accounts, $2,000 for margin accounts. (A margin account is where you trade with borrowed money, also known as leverage.) | 1-3 days |
| Saxo Bank | $2,000 The minimum account balance is £500 in the UK, while $2,000-10,000 in other countries and zero for Danish and Norwegian clients. | 1 day |
| Alpaca Trading | $0 $0 for retail account, $30,000 for business accounts | 1 day |
| TradeStation | $0 $1 for cash accounts, $2,000 for margin accounts, and $5,000 for futures accounts | 1 day |
| IG | $0 No minimum deposit for bank transfers; $300 minimum for credit/debit cards and PayPal | 1-3 days |
| Firstrade | $0 No minimum deposit | 1-3 days |
| MEXEM | $0 There is no minimum deposit | 1 day |
| NinjaTrader | $400 $400 minimum deposit | >3 days |
| Forex.com | $100 100 units of your account currency, advised to have 1000 | 1-3 days |
| AvaTrade | $100 $100 minimum deposit for credit/debit cards, bank transfer and electronic wallets | 1 day |
Popularity of the best online brokers in Japan
Interested in what others think? Here's how many people chose these brokers at BrokerChooser in the last 6 months.
Popularity
168,886
40,864
29,295
27,291
17,918
5,549
12,892
9,070
15,233
5,686
Best international online brokers in Japan in 2023
Trading fees
In most cases the key broker selection criteria is how much you have to pay for a trade in spreads, commission and other trading costs, so we collected the most important fees for you in the table below.
| Broker | US stock | UK stock |
|---|---|---|
| Interactive Brokers | $1.0 Fixed pricing: $0.005 per share, min. $1, max. 1% of trade value. Free for US clients choosing IBKR Lite plan. | $3.7 Fixed £3 for trade value less than £6,000, 0.05% of trade value for more than £6,000 |
| Saxo Bank | $10.0 $0.02/share; min $10, but with a VIP account the minimum can be as low as $3 | $9.9 0.1% of trade value with £8 min, but using VIP pricing the commission can be as low as 0.05% of trade value with £5 min |
| Alpaca Trading | $0.0 Commission-free stock trading | - Not available |
| TradeStation | $0.0 Commission-free up to the first 10,000 shares per trade for US clients. $5 per trade for non-US clients | - Not available |
| IG | $15.0 Real stocks available only in a few countries, like UK, Ireland, or Australia. US stock fees: $0.02 per share with $15 min | $9.9 Real stocks available only in a few countries, like UK, Ireland, or Australia. UK stock fee: £8 per trade |
| Firstrade | $0.0 $0 per trade | - Not available |
| MEXEM | $2.5 $0.005 per share; min. $2.5, max. 2% of trade value | $3.1 0.08% of trade value with a minimum of £2.5, plus £1 fee on transaction exceeding £10.000, stamp tax of 0.5% |
| NinjaTrader | - Available if you connect brokers, like TD Ameritrade | - Not available |
| Forex.com | - Not available | - Not available |
| AvaTrade | - Not available | - Not available |
Best international online brokers in Japan in 2023
Other fees at international online brokers
Non-trading fees are charges not directly related to a given trade and typically include the account maintenance fee, deposit/withdrawal fees, and the inactivity fee.
| Broker | Account fee | Inactivity fee |
|---|---|---|
| Interactive Brokers | No account fee | No inactivity fee |
| Saxo Bank | No account fee | In the UK, £25 after one quarter of inactivity. SIPP and ISA accounts are exempt from this fee. In non-UK countries, up to $150 after 6 months of inactivity |
| Alpaca Trading | No account fee | No inactivity fee |
| TradeStation | No account fee | $50 per year if your balance is less than $2,000 or if you make less than 5 trades per year |
| IG | No account fee | $/£12/€14 per month after 2 years of inactivity |
| Firstrade | No account fee | No inactivity fee |
| MEXEM | No account fee. | No inactivity fee |
| NinjaTrader | $0 on Free license, $720 annual fee for Lease license, $1099 one-time fee for Lifetime license | $25 per month if you log into the platform, but don't place any round trade |
| Forex.com | No account fee | $/€/AUD 15, £12 or JPY 1500 per month after one year of inactivity |
| AvaTrade | No account fee | $50 per quarter after 3 months of inactivity; after 12 straight months of non-use, a further annual administration fee of $100 is charged |
Best international online brokers in Japan in 2023
Our assessment of best international online brokers for residents in Japan in 2023
At BrokerChooser we do our best to make it easier for you to compare and select the best broker for your needs. Here is a summary of our scores in the most important aspects of these trading platforms' services.
| Broker | Overall score | Fees score |
|---|---|---|
| Interactive Brokers | 4.9 | 4.4 |
| Saxo Bank | 4.8 | 2.9 |
| Alpaca Trading | 4.7 | 4.9 |
| TradeStation | 4.7 | 4.1 |
| IG | 4.6 | 3.5 |
| Firstrade | 4.5 | 4.4 |
| MEXEM | 4.5 | 3.9 |
| NinjaTrader | 4.4 | 4.4 |
| Forex.com | 4.4 | 3.6 |
| AvaTrade | 4.3 | 3.7 |
If you are unsure how brokerage fees are charged, check out this article on the various fees, charges and costs.
And now, let's see the top international online brokers for 2023 for residents in Japan in detail one by one, starting with the winner, Interactive Brokers.
#1 Best international online broker in Japan in 2023
Interactive Brokers
Recommended for traders looking for broad market access and a professional trading environment
| Interactive Brokers snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Interactive Brokers services, check out our review for 2023 |
#2 Best international online broker in Japan in 2023
Saxo Bank
Recommended for investors and traders looking for a great trading platform and solid research
| Saxo Bank snapshot | |
|---|---|
| Minimum deposit | $2,000 |
| Fees class | Average |
| Deposit method | Bank transfer, Credit/debit cards |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of Saxo Bank services, check out our review for 2023 |
#3 Best international online broker in Japan in 2023
Alpaca Trading
Recommended for traders interested in algorithmic stock trading
| Alpaca Trading snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of Alpaca Trading services, check out our review for 2023 |
#4 Best international online broker in Japan in 2023
TradeStation
Recommended for traders focusing on us markets and buy-and-hold investing
| TradeStation snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of TradeStation services, check out our review for 2023 |
#5 Best international online broker in Japan in 2023
IG
Recommended for traders of any experience level looking for an easy-to-use trading platform
| IG snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer, Credit/debit cards, PayPal |
| Withdrawal method | Bank transfer, Credit/debit cards |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of IG services, check out our review for 2023 |
#6 Best international online broker in Japan in 2023
Firstrade
Recommended for beginners and investors looking for zero-commission trading, focusing on the us market
| Firstrade snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | No |
| Read review | For a detailed analysis of Firstrade services, check out our review for 2023 |
#7 Best international online broker in Japan in 2023
MEXEM
Recommended for investors and traders looking for low fees and sophisticated trading platforms
| MEXEM snapshot | |
|---|---|
| Minimum deposit | $0 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | No |
| Read review | For a detailed analysis of MEXEM services, check out our review for 2023 |
#8 Best international online broker in Japan in 2023
NinjaTrader
Recommended for active traders focusing on futures
| NinjaTrader snapshot | |
|---|---|
| Minimum deposit | $400 |
| Fees class | Low |
| Deposit method | Bank transfer |
| Withdrawal method | Bank transfer |
| Withdrawal fee | $40 |
| Time to open account | >3 days |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of NinjaTrader services, check out our review for 2023 |
#9 Best international online broker in Japan in 2023
Forex.com
Recommended for forex traders looking for low fees and great research tools
| Forex.com snapshot | |
|---|---|
| Minimum deposit | $100 |
| Fees class | Low |
| Deposit method | Bank transfer, Credit/debit cards, Skrill, Neteller |
| Withdrawal method | Bank transfer, Credit/debit cards, Skrill, Neteller |
| Withdrawal fee | $0 |
| Time to open account | 1-3 days |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of Forex.com services, check out our review for 2023 |
#10 Best international online broker in Japan in 2023
AvaTrade
Recommended for forex and cfd traders looking for an option to use metatrader platforms
| AvaTrade snapshot | |
|---|---|
| Minimum deposit | $100 |
| Fees class | Low |
| Deposit method | Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, Klarna, Webmoney, POLi, Boleto, Perfect Money |
| Withdrawal method | Bank transfer, Credit/debit cards, PayPal, Neteller, Skrill, Klarna, Webmoney, POLi, Boleto, Perfect Money |
| Withdrawal fee | $0 |
| Time to open account | 1 day |
| Inactivity fee | Yes |
| Read review | For a detailed analysis of AvaTrade services, check out our review for 2023 |
Best international online brokers in Japan in 2023
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Best international online brokers in Japan in 2023
How did we select the best international online brokers in Japan in 2023?
- We checked whether the broker is regulated by a trusted regulator,
- Compared fees (including spreads, withdrawal fees, commissions),
- We checked and compared every aspect of their services,
- Opened an account and tested the platform (charting, features, usability) with real money.
Our expert team has done all the work for you, and reviewed brokers based on BrokerChooser's unique methodology.
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